Tag Archives: gasoline

‘We can’t just drill our way to lower gas prices.’ Oh yeah?!

But you and I both know that with only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices – not when consume 20 percent of the world’s oil. – Barack Obama, March 10, … Continue reading

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Gas Prices Reach New Highs as Gas Prices Hit Record Low

On an annual basis, retail gasoline prices hit an all-time high in 2011. The average price for all grades was $3.576 per gallon, vs $3.299 in 2008. Meanwhile, the shale gas revolution has set the stage for declining prices per … Continue reading

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Two Words for Michele Bachmann and the $2 per Gallon Gasoline Pledge

Here they are: Natural Gas. I’m as bullish on domestic oil as the next guy, but I’m also a realist. I don’t see any way to solve a problem with the scope and breadth of our nation’s dependence on foreign … Continue reading

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‘Why does my gas cost $4.00 per gallon?’

Everybody is asking that question these days. The average nationwide price for all grades this week is $3.96/gallon; Californians are paying on average $4.26, the highest in the nation. Why does it cost so much, especially considering that the price … Continue reading

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Blast from the Past: ‘Remember $4.00 Gas? Just Wait.’ (Dec ’09)

From Vladimir’s diary, dated December 18, 2009: Remember $4.00 per Gallon Gasoline? Just Wait. Well, here we are, less than 18 months later. A little context: Gasoline prices (national average, all grades) peaked over $4.00 per gallon for a couple … Continue reading

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Obama Appoints ‘Oil and Gas Price Fraud Working Group’. It’s About Time!

Because I’m sick and tired of giving away gas for almost nothing! As the graph below shows, the price of gas is languishing just above $4.00 per thousand cubic feet. I’m selling gas at 2/3 the price it was back … Continue reading

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